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Not up to Promethean Standards: Greeceā€™s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. A Sisyphean Task.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Italyā€™s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. in November from 50.6

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This Week in Logistics News (August 7 ā€“ 13)

Logistics Viewpoints

degrees Fahrenheit, in Greece on July 10, 1977. China-US container shipping rates sail past $20,000 to record. The second program, called ā€œFBA Liquidationsā€ will allow sellers to use Amazonā€™s ā€œwholesale resale channel and technologyā€ to recover a portion of their inventory cost from returned items and excess stock.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Morgan indicated in part: ā€œ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively.

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This Week in Logistics News (November 4 ā€“ 10)

Logistics Viewpoints

Warehouse break-ins, accounting scams, and oil tampering are on the rise in the olive growing regions of Greece, Spain, and Italy. Spanish police have said they recently retrieved 91 tons of stolen olives, and in February, six people were arrested in southern Greece for the theft of eight tons of olive oil. billion as U.S.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 Further reductions in manufacturing employment were reported. and France being 43.1.